The Belle of the Buildings Ball

Nicholas Schorsch and Scott Rechler Are the Latest in a Line of Suitors to Fight Over Worldwide Plaza

By

Sarah Rose

Oct. 27, 2013 9:22 p.m. ET

Worldwide Plaza, a hulking office tower on Eighth Ave. between 49th and 50th streets doesn't have a central Midtown location, the fame of the Empire State Building or the prestige of a Park Avenue address. Yet its long list of suitors has made it the Elizabeth Taylor of the New York office building world.

In its 24-year lifetime, the 50-story skyscraper has changed hands five times and has been the subject of big profits, losses,...